Enphase Energy Inc. (ENPH)
Enphase Energy Statistics
Share Statistics
Enphase Energy has 131.21M shares outstanding. The number of shares has increased by -2.64% in one year.
| Shares Outstanding | 131.21M |
| Shares Change (YoY) | -2.64% |
| Shares Change (QoQ) | -1.95% |
| Owned by Institutions (%) | 86.45% |
| Shares Floating | 125.87M |
| Failed to Deliver (FTD) Shares | 1.37K |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 15.09M, so 11.5% of the outstanding shares have been sold short.
| Short Interest | 15.09M |
| Short % of Shares Out | 11.5% |
| Short % of Float | 15.77% |
| Short Ratio (days to cover) | 3.63 |
Valuation Ratios
The PE ratio is 90.43 and the forward PE ratio is 10.75. Enphase Energy's PEG ratio is -1.18.
| PE Ratio | 90.43 |
| Forward PE | 10.75 |
| PS Ratio | 6.98 |
| Forward PS | 3.3 |
| PB Ratio | 11.14 |
| P/FCF Ratio | 19.34 |
| PEG Ratio | -1.18 |
Enterprise Valuation
Enphase Energy has an Enterprise Value (EV) of 10.22B.
| EV / Sales | 7.68 |
| EV / EBITDA | 50.32 |
| EV / EBIT | 19.9 |
| EV / FCF | 21.29 |
Financial Position
The company has a current ratio of 3.53, with a Debt / Equity ratio of 1.57.
| Current Ratio | 3.53 |
| Quick Ratio | 3.28 |
| Debt / Equity | 1.57 |
| Debt / EBITDA | 6.44 |
| Debt / FCF | 2.72 |
| Interest Coverage | 8.68 |
Financial Efficiency
Return on Equity is 12.32% and Return on Invested Capital is 2.45%.
| Return on Equity | 12.32% |
| Return on Assets | 3.16% |
| Return on Invested Capital | 2.45% |
| Revenue Per Employee | $478.38K |
| Profits Per Employee | $36.91K |
| Employee Count | 2,781 |
| Asset Turnover | 0.41 |
| Inventory Turnover | 4.25 |
Taxes
| Income Tax | 17.5M |
| Effective Tax Rate | 14.56% |
Stock Price Statistics
The stock price has increased by -57.56% in the last 52 weeks. The beta is 1.94, so Enphase Energy's price volatility has been higher than the market average.
| Beta | 1.94 |
| 52-Week Price Change | -57.56% |
| 50-Day Moving Average | 57.49 |
| 200-Day Moving Average | 80.94 |
| Relative Strength Index (RSI) | 35.01 |
| Average Volume (20 Days) | 4.67M |
Income Statement
In the last 12 months, Enphase Energy had revenue of 1.33B and earned 102.66M in profits. Earnings per share was 0.76.
| Revenue | 1.33B |
| Gross Profit | 629.14M |
| Operating Income | 77.29M |
| Net Income | 102.66M |
| EBITDA | 203.14M |
| EBIT | 129.06M |
| Earnings Per Share (EPS) | 0.76 |
Balance Sheet
The company has 369.11M in cash and 1.31B in debt, giving a net cash position of -939.09M.
| Cash & Cash Equivalents | 369.11M |
| Total Debt | 1.31B |
| Net Cash | -939.09M |
| Retained Earnings | -245.21M |
| Total Assets | 3.11B |
| Working Capital | 1.04B |
Cash Flow
In the last 12 months, operating cash flow was 513.69M and capital expenditures -33.6M, giving a free cash flow of 480.09M.
| Operating Cash Flow | 513.69M |
| Capital Expenditures | -33.6M |
| Free Cash Flow | 480.09M |
| FCF Per Share | 3.55 |
Margins
Gross margin is 47.29%, with operating and profit margins of 5.81% and 7.72%.
| Gross Margin | 47.29% |
| Operating Margin | 5.81% |
| Pretax Margin | 9.03% |
| Profit Margin | 7.72% |
| EBITDA Margin | 15.27% |
| EBIT Margin | 5.81% |
| FCF Margin | 36.09% |
Dividends & Yields
ENPH does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.11% |
| FCF Yield | 5.17% |
Analyst Forecast
The average price target for ENPH is $65, which is 45.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $65 |
| Price Target Difference | 45.6% |
| Analyst Consensus | Buy |
| Analyst Count | 28 |
Scores
| Altman Z-Score | 2.51 |
| Piotroski F-Score | 7 |